Mind the inheritance-tax trap when transferring your pension
Pensions

Mind the inheritance-tax trap when transferring your pension

Transferring your pension could incur inheritance tax for your heirs, says David Prosser.
9 Sep 2020
How to claw back tax overpaid when opting for pension drawdown
Tax rebate receipt © Getty Images
Pensions

How to claw back tax overpaid when opting for pension drawdown

Many retirees opting for drawdown schemes – taking money out of their pension savings – have overpaid tax. Here’s what to do to get it back.
26 Aug 2020
Landmark ruling puts pension tax relief in jeopardy
Bullring Shopping Centre Birmingham © Getty Images
Pensions

Landmark ruling puts pension tax relief in jeopardy

Savers who made in specie contributions to pensions – transferring assets such as art or property instead of paying in cash – could face big bills
1 Jun 2020
Tinkering with the pensions tapering system
Pensions

Tinkering with the pensions tapering system

The problems caused by the annual pension contribution allowance have been partially addressed, says David Prosser.
24 Mar 2020
Don't scrap pensions tax relief. We need people to save more, not less
Pension tax

Don't scrap pensions tax relief. We need people to save more, not less

Scrapping higher-rate pension tax relief would amount to double taxation and discourage retirement saving, thereby depriving the economy of crucial …
5 Mar 2020
Pass on your pension without paying inheritance tax
Personal finance

Pass on your pension without paying inheritance tax

The 2015 pension reforms make it easier for you to ensure your heirs avoid inheritance tax when you die
29 Jan 2020
Pension contributions: what you need to declare on your tax return
Personal finance

Pension contributions: what you need to declare on your tax return

Make sure you don't forget to declare your pension contributions in your tax return
28 Jan 2020

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Doctors’ pension row spreads to other arms of the public sector
Pensions

Doctors’ pension row spreads to other arms of the public sector

The crisis that has seen doctors refuse to take on extra shifts has spread to other public sector workers.
25 Sep 2019
Millions fall foul of pensions contributions rule
Pensions

Millions fall foul of pensions contributions rule

Almost a million savers could face punitive tax charges on their pension contributions because they have unwittingly triggered a substantial reduction…
29 May 2019
Sipps: use your pension tax breaks
Pensions

Sipps: use your pension tax breaks

It makes sense to exploit your Isa allowance, but don’t neglect your pension. Generous upfront tax relief makes occupational or personal schemes an ef…
15 Mar 2019
Don’t miss the pensions deadline
Personal finance

Don’t miss the pensions deadline

There are just five weeks left in the 2018-2019 tax year, so make sure you’ve made full use of your allowances.
6 Mar 2019
Don’t forget income tax when drawing your pension
Pensions

Don’t forget income tax when drawing your pension

Many people have not understood the tax implications of drawing down their money, meaning that savers withdrawing pension cash are handing over millio…
16 Nov 2018
Pensions and savings tax relief under attack
Personal finance

Pensions and savings tax relief under attack

MPs want to reform the savings and pensions tax relief system to benefit the less well-off.
3 Aug 2018
Pensions tax relief: is it so stupidly incomprehensible on purpose?
Tax

Pensions tax relief: is it so stupidly incomprehensible on purpose?

The complexity of the comically stupid policy on pensions tax relief means people have given up trying to understand it – and are paying a pile more t…
7 Mar 2017